Jag Patel
Broker
$3,900,000
Available - For Sale
Listing ID: X12449971
595 West Hunt Club Road , Tanglewood - Grenfell Glen - Pineglen, K2G 5X6, Ottawa
| Prime Investment Opportunity to acquire a commercial property on .78 of an acre with high visibility at one of Ottawas busiest intersections, adjacent to Nepean Crossroads Centre and exposed to nearly 94,000 vehicles daily. The 8,993 sq. ft. building is fully leased with a solid tenant base and rent escalations secured through 2029, ensuring stable long-term income.Originally designed with the potential to expand the ground floor retail area by an additional 2,200 - 2,400 sq. ft., the property offers strong future upside. With no major capital costs anticipated for many years and a clean Phase 1 environmental report available, this is a rare opportunity to acquire a secure, high-performing investment in a premier location. |
| Price | $3,900,000 |
| Taxes: | $27272.51 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 595 West Hunt Club Road , Tanglewood - Grenfell Glen - Pineglen, K2G 5X6, Ottawa |
| Postal Code: | K2G 5X6 |
| Province/State: | Ottawa |
| Legal Description: | PCL 24-1, SEC 4M-601 ; BLK 24, PL 4M-601 |
| Directions/Cross Streets: | Merivale Road |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 8993.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Financial Statement: | T |
| Chattels: | T |
| Management Expense: | 3300 |
| Water Expense: | $3051 |
| Net Income Before Debt: | $191915 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Tanglewood - Grenfell Glen - Pineglen |
| Neighbourhood: | 7502 - Merivale Industrial Park |
| Tax: | $27,272.51 |
| Fireplace: | N |
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